OpenDelta introduces a delta-neutral, yield-bearing synthetic dollar, USDO, powered by Bitcoin derivatives. USDO maintains its dollar value by hedging Bitcoin (BTC) collateral deposited by users.

Bitcoin-centric stablecoin company OpenDelta raised $2.15 million in a pre-seed round led by 6th Man Ventures.

OpenDelta

A yield-bearing synthetic dollar for the Bitcoin ecosystem.

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OpenDelta USDO

General Info

Description

What is OpenDelta?

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